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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Is AI Energy Really 4 Million Times More Powerful Than Oil? (Surprising Answer) (Ad)
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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Ares Management (ARES) Earnings Date, Estimates & Call Transcripts

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Earnings Summary

Upcoming
Earnings Date
May. 2
Before Market Opens
Confirmed
Actual EPS
(Feb. 8)
$1.21 Beat By $0.11
Consensus EPS
(Feb. 8)
$1.10
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

ARES Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ARES Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ares Management Analyst EPS Estimates

Current Year EPS Consensus Estimate:$4.49 EPS
Next Year EPS Consensus Estimate: $5.70 EPS

ARES Earnings Date and Information

Ares Management last posted its earnings results on February 8th, 2024. The asset manager reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.11. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $862.71 million. Ares Management has generated $2.39 earnings per share over the last year ($2.39 diluted earnings per share) and currently has a price-to-earnings ratio of 54.2. Earnings for Ares Management are expected to grow by 26.95% in the coming year, from $4.49 to $5.70 per share. Ares Management has confirmed that its next quarterly earnings report will be published on Thursday, May 2nd, 2024. Ares Management will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 402-220-2558.

Ares Management Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/2/2024
Confirmed)		-------  
2/8/2024Q4 2023$1.10$1.21+$0.11$1.56$862.71 million$1.05 billion    
10/31/2023Q3 2023$0.87$0.83($0.04)$1.36$736.58 million$671.30 million    
8/1/2023Q2 2023$0.85$0.90+$0.05$1.06$725.82 million$1.09 billion    
4/28/2023Q1 2023$0.82$0.71($0.11)$0.93$694.04 million$813.36 million    
2/9/2023Q4 2022$1.07$1.21+$0.14$1.80$813.69 million$937.72 million    
10/27/2022Q3 2022$0.74$0.75+$0.01$1.72$636.07 million$609.56 million    
7/28/2022Q2 2022$0.70$0.74+$0.04$1.27$618.30 million$618.17 million
4/28/2022Q1 2022$0.66$0.65($0.01)$1.06$605.10 million$715.00 million    
2/11/2022Q4 2021$0.73$0.85+$0.12$1.04$659.06 million$731.16 million    
10/27/2021Q3 2021$0.64$0.62($0.02)$0.79$528.44 million$512.59 million    
7/28/2021Q2 2021$0.50$0.64+$0.14$0.59$481.59 million$507.75 million    
4/29/2021Q1 2021$0.51$0.46($0.05)$0.60$436.80 million$411.25 million  

Ares Management Earnings - Frequently Asked Questions

When is Ares Management's earnings date?

Ares Management has confirmed that its next quarterly earnings data will be published on Thursday, May 2nd, 2024. Learn more on ARES's earnings history.

Did Ares Management beat their earnings estimates last quarter?

In the previous quarter, Ares Management (NYSE:ARES) reported $1.21 earnings per share (EPS) to beat the analysts' consensus estimate of $1.10 by $0.11. Learn more on analysts' earnings estimate vs. ARES's actual earnings.

How can I listen to Ares Management's earnings conference call?

The conference call for Ares Management's latest earnings report can be listened to online. Listen to Conference Call

How can I read Ares Management's conference call transcript?

The conference call transcript for Ares Management's latest earnings report can be read online. Read Transcript

How much revenue does Ares Management generate each year?

Ares Management (NYSE:ARES) has a recorded annual revenue of $3.63 billion.

How much profit does Ares Management generate each year?

Ares Management (NYSE:ARES) has a recorded net income of $474.33 million. ARES has generated $2.39 earnings per share over the last four quarters.

What is Ares Management's price-to-earnings ratio?

Ares Management (NYSE:ARES) has a trailing price-to-earnings ratio of 54.20 and a forward price-to-earnings ratio of 28.85. The price/earnings-to-growth ratio is 0.99.

What is Ares Management's EPS forecast for next year?

Ares Management's earnings are expected to grow from $4.49 per share to $5.70 per share in the next year, which is a 26.95% increase.


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This page (NYSE:ARES) was last updated on 4/19/2024 by MarketBeat.com Staff

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